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AdamBernard_HA's profile
Adam Bernard
Adam Bernard
Adam Bernard
@AdamBernard_HA

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Adam Bernard

@AdamBernard_HA

Liberal Democrat GE2017 candidate for Harrow East

Harrow, London
harrowlibdems.org
Joined April 2017

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    1. Adam Bernard‏ @AdamBernard_HA Apr 28

      "Strong and Stable Leadership"pic.twitter.com/yDgBYtCG2U

      1 reply . 5 retweets 4 likes
    2. Adam Bernard‏ @AdamBernard_HA Apr 28
      Replying to @AdamBernard_HA

      If my maths is right, someone on a typical £27k salary is about £4000/year worse off *just due to fall in £* since 2015 general election.

      1 reply . 0 retweets 0 likes
    3. Andrew Mobbs‏ @mobbsy Apr 28
      Replying to @AdamBernard_HA

      What model have you used for impact of forex rates on individual incomes? Obviously, won't be direct, since not all goods dollar denominated

      1 reply . 0 retweets 0 likes
    4. Adam Bernard‏ @AdamBernard_HA Apr 28
      Replying to @mobbsy

      I used dollar as proxy since gbp/usd is a fairly standard index. AFAICT things look slightly worse vs EUR, slightly better vs CNY.

      1 reply . 0 retweets 0 likes
      Adam Bernard‏ @AdamBernard_HA Apr 28
      Replying to @AdamBernard_HA @mobbsy

      the £4k is the drop in international purchasing power. Obv not all expenditure is intl, but a fair % is (esp fuel, food, manufactured goods)

      3:03 am - 28 Apr 2017
      1 reply . 0 retweets 0 likes
        1. New conversation
        1. Andrew Mobbs‏ @mobbsy Apr 28
          Replying to @AdamBernard_HA

          I'm no economist, but that seems simplistic - see http://www.bankofengland.co.uk/publications/Pages/speeches/2015/839.aspx … for a discussion of "exchange rate pass-through"

          1 reply . 0 retweets 1 like
        2. Adam Bernard‏ @AdamBernard_HA Apr 28
          Replying to @mobbsy

          Interesting, thanks.

          0 replies . 0 retweets 0 likes
          3. End of conversation

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